Page 32 - Trade Exports

Uneven recovery? Trade deficit widens in October, exports dip 5.4%

Decline in imports indicates weak demand; recovery may be uneven

Customs clearance regulations making importers nervous

The government has raised import duties on several items and restricted import of many items subjecting them to import licensing

Indian entities can give guarantees on behalf of WOS abroad: Expert

Provided that the terms and conditions stipulated in Foreign Exchange Management Regulations, 2000, for promoting or setting up such company or subsidiary are continued to be complied with

Air cargo biz seen recovering as exports rise, freight services increase

Bengaluru airport shows positive growth. Delhi and Hyderabad airports handle over 90 per cent of September 2019 volume

After contracting for 6 months, exports up 5.27% in September: Goyal

He said this is an indicator of the "rapid recovery" of the Indian economy as it surpasses pre-COVID-19 levels across parameters

DPIIT shares list of 24 key sectors with ministries to boost manufacturing

The government wants to make India a self-reliant country in these segments, boost exports and become a global supplier

Covid-19 crisis: Port cargo picking up, but still lower than last year's

The fall in cargo at 12 major ports - administered by the central government - was 10 per cent in August compared to the same month in 2019

Customs to raise vigil on electronic items from FTA countries from 21 Sept

Finance ministry sources said misuse of the FTA route has been on the rise for the last few years to escape customs duty on imports

FTP treats merchant exporter with order as third party, says expert

'Third party' means any party who is not the buyer or the seller, but whose name is required to be mentioned in the shipping bill

Exports, imports are showing positive trends, says Piyush Goyal

He added that the trade deficit is reducing drastically and India's share in the global trade is improving due to resilient supply chains

India can be great place for a country wanting import alternative: Gadkari

The Minister said China's 70 per cent of exports pertained to ten sectors and asked industry players to research on various sectors

India's balance of payments will be very strong, says Piyush Goyal

Says overseas companies must stop having an 'assembly workshop' approach

Govt to promote manufacturing of certain products to push exports: Gadkari

The government aims to attract foreign investments in pre-identified areas, promote joint ventures and support local businesses to expand India's share of global markets

July exports recovered to 91 per cent of July 2019 levels : Piyush Goyal

Non-gems & jewellery, petroleum exports also rose, picking up significantly towards month-end

Export order books improving, but labour shortage still an issue: Exporters

Exporters associations say orders are coming but there is a problem in boosting production as workers stay away in coronavirus pandemic

Identified sectors to cut import, promote domestic manufacturing: Goyal

Goyal said that Covid-19 pandemic has taught a big lesson that over-dependence on certain geographies can cause a lot of difficulties in the time of stress.

US firms look for stable policy to make India hub: USISPF's Mukesh Aghi

While the forum is advocating India not just as a preferred market but also as an export hub, many member firms have raised concerns about sudden policy changes impacting inbound global investments.

Trade gap with China set to narrow this year: Explained in charts

Imports from the northern neighbour have been on the wane since 2017-18 when it had peaked to $76 bn.

India May exports fall 36.47% to $19.05 bn, trade deficit down to $3.15 bn

During April-May 2020, the exports fell 47.54 per cent to $29.41 billion, while imports shrank by 5.67 per cent to $39.32 billion

Export body asks Mamata's intervention for early resumption of border trade

The letter said that if there is no improvement on the ground immediately, many exporters will have to shut their offices and become bankrupt